Whataburger 813 Oak St

Investment Highlights

BRAND NEW 20-YR. ABSOLUTE NNN LEASE, OPEN 24 HOURS 71,636 RESIDENTS IN GROWING TRADE AREA WITH AN AVERAGE HOUSEHOLD INCOME OF $75,849 EXCELLENT ACCESS AND VISIBILITY TO 89,100 VPD

Executive Summary

? 20-Year Absolute NNN Lease ? 10% Rent Increases Every 5 Years in Base Term, 1% Annual Increases in Renewal Options? Brand New 2024 Construction ? Whataburger?s Latest Prototype Design with Double Lane Drive-Thru, Open 24 Hours? Operated and Guaranteed by WAB Venture, Inc. ? Affiliate of K-Mac Enterprises, the 2nd Largest Taco Bell Operators in United States with Over 400 Locations? Whataburger Generated $3.34B Total Systemwide Sales in 2023 ? Across 987 Total Locations? Strong Brand Awareness and Customer Service ? Ranked #2 by Newsweek as ?America?s Best Customer Service Brands,?(2021 QSR Segment)? WAB Venture, Inc. is Rapidly Expanding ? Currently Operates 12 Locations, Expected to Grow to Over 40 Restaurants Within 5 Years

• Sale Type    Investment NNN
• Sale Condition    Build to Suit
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Storefront Fast Food
• Building Size    3,318
• Building Class    B
• Year Built    2024
• Price    4,480,000
• Price Per SF    1,350
• Cap Rate    6.25
• NOI    280,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.05
• Land Acres    1.43 AC